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DAILY PETROLEUM PRICES.
JOC Staff |
Friday June 10, 1994 Prevailing sellers' posted prices at the close of business, representin
TINY US FIRM CHALLENGES RUSSIA'S LUKOIL
Arthur Gottschalk |
With plans to expand its activities and launch a major stock offering this fall, Russia's giant Luko
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
ICO MEMBERS EXPORT LESS COFFEE IN APRILLONDON - Coffee exports to all destinations b
MOBIL CHEMICAL TO CUT 55 JOBS IN HOUSTON AREA
Houston Chronicle |
Mobil Corp.'s effort to restructure its chemical business will mean the loss of about 55 jobs in the
TAX CRACKDOWN STYMIES IMPORTS OF CIGARETTES, ALCOHOL IN RUSSIA CONTAINERS PILE UP AT PORTS, BORDERS
Geoff Winestock |
Containers of cigarettes and alcohol are piling up at Russia's borders and ports as customs official
Maritime
GOP RAISES NEW QUESTIONS ABOUT NOMINEE'S PAST
John Maggs |
The long-delayed nomination of Lauri Fitz-Pegado to head the U.S. and Foreign Commercial Service has
Maritime
PALESTINIANS RECEIVE AID FOR POLICE, JOB PROGRAMS
Reuters |
The Palestinians won limited immediate aid from international donors Friday to start up their self-g
Maritime
US SALMON FISHERMEN LOOK TO ALTERNATE ROUTES TO AVOID CANADIAN FEE
From Wire and Staff Reports |
Canada's announcement that it will impose passage fees on U.S. fishermen trying to reach lucrative s
Maritime
DOUGLAS, PEMCO IN LICENSING PACT
Journal of Commerce Staff |
The Pemco Engineers Aircraft Cargo Handling System Division of Precision Standard Inc. has entered a
Transport, Trade and Regulation News
MATSON SET TO LAUNCH WEST COAST SHUTTLE SERVICE
Bill Mongelluzzo |
Matson Navigation Co. on July 10 will inaugurate a weekly Pacific Coast shuttle service, giving ship
FOREIGN EXCHANGE
JOC Staff |
The New York foreign exchange rates below, provided by EAB New York and other sources, are selling r
SAFBANK-MEDITERRANEAN SHIPPING BOOSTS BALTIMORE-S. AFRICA SERVICE
Journal of Commerce Staff |
The Port of Baltimore will gain its first weekly container service to South Africa July 15 when Safb
Maritime
CONFEREES "TALK TURKEY' AT GREEK SHIPPING SHOW
Janet Porter |
"I'm 32 years old and it's my first time out of the United States," Matt G. Boucree admitted as he m
Maritime
US TRUCKERS, SHIPPERS UPBEAT AFTER MEXICAN PIGGYBACK TESTS
Kevin G. Hall |
With half a dozen test runs under their belts, U.S. motor carriers are giving mixed results to newly
TALKS TO RENEW NS LEASE IN NORTH CAROLINA HEAT UP
Lawrence H Kaufman |
Both sides are considering alternatives as negotiations heat up between Norfolk Southern Corp. and t
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
UK TRADE DEFICIT WIDENED IN MARCH
Knight-Ridder Financial |
The U.K.'s March visible trade deficit with the world was UK182 billion ($274.7 billion), according
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
TEXAS EXPLORATION, SEISMIC COMPANIES TEAM UP FOR OIL, GAS DEVELOPMENT
Debra Beachy |
A seismic company here has teamed up with a local exploration firm to develop oil and gas reserves.<
VIETNAM TO USE ITS NEW TANKER TO TRANSPORT GAS-OIL CARGO
Knight-Ridder Financial |
Vietnam's national oil trading firm, Petrolimex, will buy approximately four gas-oil cargoes in its
CARRIERS FIND FIERY SHIPPER A TOUGH NUT TO CRACK
Allen R. Wastler |
The ocean-carrier community does not like Jil Morley. ''Why do you talk to that woman? She's
UNION, SOO LINE PREPARE FOR STRIKE AS FIGHT HEATS UP
Lawrence H Kaufman |
After six years of sporadic negotiations and government mediation, a dispute between the United Tran
FREIGHT RATE FUTURES
JOC Staff |
June 10, 1994 Baltic International Freight Futures MarketPrev.Close High Low
Maritime
BILL WOULD CURB MOST STATE OVERSIGHT OF INTRASTATE TRUCKING
Lisa Burgess |
States would be nearly forced out of the business of regulating trucking under an administration-sup
LACK OF SUPPORT PUTS EDIA OUT OF BUSINESS
Gregory S. Johnson |
The Electronic Data Interchange Association, the EDI industry's oldest trade group, abruptly went ou
Transport, Trade and Regulation News
INSURANCE BRIEFS
From Wire and Staff Reports |
ITT HARTFORD AXES 30, TRANSFERS 50 AT P/C UNITHARTFORD, Conn. - ITT Hartford Insuran
RUSSIAN PEASANTS CALLED UNLIKELY TO SELL GRAIN AT PROPOSED PRICES
Knight-Ridder Financial |
Russian peasants are not likely to agree to the government-proposed purchasing prices for the grain
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
GASOLINE PRICES
JOC Staff |
June 10, 1994 RESELLER RACKUnleaded Mid- Premium-Unlead Pre
SPOT CHEMICALS
Compiled by Rosalie Spiller, Journal of Commerce Chemical |
As of June 10, 1994 Quotations are based on prices reported in the market or obtained from s
PROGRESS REPORTED IN MEBA TANKER, DRY CARGO TALKS
Tim Shorrock |
A marine engineers union said it is making progress with key employers for new dry cargo and tanker
Maritime
HONG KONG BULK OPERATOR REPORTS PROFIT RISE DESPITE "STAGNANT' MARKET
P.T. Bangsberg |
Despite what it called a largely stagnant market, bulk operator Wah Kwong Shipping Holdings Ltd. rep
Maritime
TRANSPORT BRIEFS
Wire and Staff Reports |
US, EUROPEAN AIRLINES MAY INVEST IN SABENABRUSSELS - Two U.S. airlines and at least
TRADE BRIEFS
From Wire and Staff Reports |
CHINA TO TIGHTEN RULES ON STOCK, POULTRY SALEBEIJING - China said it will institute
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
TECHNOLOGY CALENDAR
JOC Staff |
Understanding Telecommunications Technologies for Non-Engineers. June 16-17. Sheraton Crystal City H
Transport, Trade and Regulation News
NEW HAVEN RESIDUAL FUELS
JOC Staff |
June 10, 1994 No. 4/ No. 6/ No. 6/1% 1% 0.5%
INABILITY TO REPAY DEBTS TO SHELL, OTHER FIRMS HITS NIGERIAN OUTPUT
Knight-Ridder Financial |
A financial squeeze has resulted in a drop in the daily output from Shell Nigeria-operated oil field
GINGRICH BACKS OFF ON PRESSURE OVER WTO TRADE PACT KEEPS SOVEREIGNTY INTACT, GOP LEADER SAYS
John Maggs |
A key Republican House leader signaled he has been reassured about the possible threat to U.S. sover
MEXICO'S CPI INCREASES 0.5 PERCENT
Knight-Ridder Financial |
Mexico's Consumer Price Index rose 0.5 percent in May from April, the Bank of Mexico reported.
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